Preview

Wal-Mart Pro and Cons

Better Essays
Open Document
Open Document
1379 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal-Mart Pro and Cons
Wal-Mart Stores, Inc. (or Walmart as written in its new logo) is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500.[5] Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the British National Health Service, and the Indian Railways. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business. It also owns and operates the North American company, Sam's Club. Wal-Mart operates in Mexico as Walmex, in the UK as ASDA, and in Japan as Seiyu. It has wholly owned operations in Argentina, Brazil, Canada, and Puerto Rico. Wal-Mart's investments outside North America have had mixed results: its operations in South America and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful. Wal-Mart has been criticized by some community groups, women's rights groups, grassroots organizations, and labor unions, specifically for its extensive foreign product sourcing, low rates of employee health insurance enrollment, resistance to union representation, and alleged sexism. Ouestions :
Suppose Wal-Mart has announced plans to seek approval from the planning commision of a small town to build a new store. Develop a list of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these groups : 1. Owners of small business located nearby 2. Town residents, and residents of nearby towns
How might a Wal-Mart representative respond to the negative criticisms that might be brought up, what other benefits could the representative offer the planning board to bolster Wal-Mart’s

You May Also Find These Documents Helpful

  • Better Essays

    What type of organization is Wal-Mart and what makes it such a successful company? Wal-Mart is a public retail company founded in 1962 by founder Sam Walton. Wal-Mart was incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972 (Wal-Mart Stores, n.d.). It is headquartered in Bentonville, Arkansas and is an international company. Wal-Mart is the largest grocery retailer in the United States. In 2009, Wal-Mart reported 51% of its $258 billion sales in the U.S. from the grocery business (Wal-Mart Stores, n.d.).…

    • 1746 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Wal-Mart Stores, Inc. is an American based international retail chain headquartered in Bentonville, Arkansas. The corporation operates within the Miscellaneous General Merchandise Stores SIC classification and the All Other General Merchandise Stores NAICS classification. Wal-Mart specializes in the retail of groceries, electronics, apparel, appliances, home furnishings, hardware, sporting goods and health care products. The corporation is split into three business segments: Walmart US, Walmart International, and Sam’s Club. Wal-Mart currently resides atop the Fortune 500 list as the highest grossing corporation in the United States with a reported $485 billion in revenues for the year ended January 31st, 2015.…

    • 170 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    Irwin, E. G., & Clark, J. (2006). Wall Street vs. Main Street: What are the benefits and costs of Wal-Mart to local communities? Choices: The Magazine of Food, Farm & Resource Issues, 21(2), 117-122.…

    • 2340 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Wal-Mart is a nationwide company and is a household term almost everyone knows. Some people find it as a store that tends to help the less wealthy, while others find it to be the complete opposite in aiding underprivileged families. Wal-Mart has different attributes to show that it is a good source of assistance for our society. Those services consist of low prices, a variety of goods, and it provides jobs. These details might be over looked when not observed closely, preventing people from truly appreciating what Wal-Mart is doing for our society. Despite all of the controversy, Wal-Mart is good for America.…

    • 888 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In “Why Wal-Mart is good” Steve Maich makes a number of statements supporting Walmart and its expansion, while Liza Featherstone disagrees with “Down and Out in Discount America” and supports her own statements citing Walmart’s various evils. The authors primary disagree not only over the various values that are key to the Walmart debates, but also of important factual information.…

    • 679 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    We all want to do what is best for our families, our friends, ourselves and our country. However, our nation’s number one corporation is under constant ridicule for being a negative part of the American way. Wal-Mart is the overall number one on the fortune 500, over taking Exxon Mobile after a one year slip to the number 2 spot. However Wal-Mart is constantly being ridiculed by media and everyday citizens, its employees included. These opinions are often brought forth because of four major issues; the pay and benefits packages of Wal-Mart employees, the quality and buying of their goods from China, big box corporation killing local businesses ,and Wal-Mart taking jobs away and not creating new, stronger jobs .To answer each question I will use research from many different mediums, financial statements, and my personal experience as a three year Wal-Mart employee, and present facts and numbers that would be crucial in making an educated decision, following this information I will present what I believe is strong and weak about Wal-Marts current way of doing business, and then offer my solutions to answer these questions and answer the big question. Is Wal-Mart good or bad for America?…

    • 6224 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    As the largest retailer in history, it’s no surprise that Walmart is the target of both vicious attacks and effusive praise. According to its own website, Wal-Mart Stores, Inc. operates more than 8,000 stores, employs more than 2.1 million people, and sells more than $400 billion worth of goods in every year. Though this bulk intimidates those who fear for the viability of “mom and pop” retailers, Walmart’s great strength is that it devotes its considerable power to American consumers. Its size enables it to provide services that other retailers cannot, and it has deservedly become an integral part of the modern American economy.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Wal-Mart is a multinational retail corporation that was founded by Sam Walton in 1962 in Rogers, Arkansas. It operates in various chains of large discount departmental stores and warehouse stores. Wal-Mart operates in three segments: Wal-Mart U.S., online retail operations, walmart.com; and Wal-Mart International which includes several formats of retail stores, restaurants, wholesale clubs, including Sam 's Clubs. Wal-Mart’s segments have business in six merchandise units: grocery, electronics, pharmacy, stationery, apparel and furniture’s. The unique aspect of this company is that the segment also provides financial services and related products, including money orders, prepaid cards and wire transfers. Today, Wal-Mart still remains a family owned business and is the biggest private employer in the world. Its top competitor include: target, Kmart, Costco, and BJ’S Wholesale…

    • 2257 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Walmart Unethical Behavior

    • 2348 Words
    • 10 Pages

    Wal-Mart, is one of the biggest well know companies in the United States and in the world since 1962 when founder Sam Walton created Wal-Mart. It has been the place where a lot of people usually do their shopping for the low prices and variety of products. This is why it is so controversial Wal-Mart continues to grow even with the accusations of unethical business practices. Wal-Mart has been accused of sexual discrimination and unfair pay for employees, and destruction of small towns, excessive amounts of corporate power through the government and how Wal-Mart is turning into a monopoly. With all of these allegations, Wal-Mart is still one of the leading discount retailers in the country, and as a corporate office, they still stand tall and state that they follow fair ethical values.…

    • 2348 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Is walmart really what America needs?Walmart has been one of the largest company in the United States. It has around 5,000 markets worldwide.Why is it really that succesful in the United states? It all started being a small market for small city that did not have much and only sell U.S goods. But was sold to another company which stand to this day and made walmart what it is today. There are three main reasons why they say walmart is good for America. walmart is what the producers want to buy. They are offering consumers a wide range of goods. But its also has its cons in many ways its making workers from other companies have no jobs and shutting down their companies.…

    • 473 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Wal-Mart is an American public corporation that runs a chain of large discount department stores. Wal-Mart is the larges public corporation by revenue according to the Fortune Global 500. The company was founded by Sam Walton in 1962 and to this date, Wal-Mart employs approximately 2.1 million people.…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Wal-Mart is bad for our local economy, yet we still choose to shop there. As a result the hope of this research is to better frame the friend-or-foe debate over Wal-Mart. Wal-Mart is one of the largest retail chains in the world. When Wal-Mart comes to a community, it brings along with it a number of significant changes. My research will demonstrate some changes are good and others are not so good.…

    • 1221 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Wal-Mart has long been a staple in our economy. The store has allowed us to perform most of our shopping in one convenient location, thus cutting down the amount of time required to perform our shopping compared to going all over town to shop for what we need on day to day basis. Lately, people have been arguing whether Wal-Mart is actually beneficiary or not to the economy, and about the way it treats its employees. One such group calls its self the Wal-Mart Watch and they are a group of widespread individuals that share common views on how Wal-Mart is harmful to the economy and how badly it treats its employees. On the other hand there are people who practically beg Wal-Mart to come to their town and build a shopping…

    • 586 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Walmart History

    • 3732 Words
    • 15 Pages

    Wal-Mart is one of the largest retail markets in the world and continues to increase its revenue because of its products and services that are provided. I have to admit Wal-Mart has made a lot of money from me because it's my one stop supermarket. I can go to Wal-Mart and find just about any and everything I'm looking for which makes my shopping experience just that much more supreme. Let me share some of the businesses history with you and its timeline. The very first store to open was in Rogers, Arkansas in 1962 its founder was Sam Walton. In 1970 Wal-Mart opened its first distribution center and home office in Bentonville, Ark.1972 Wal-Mart was approved and listed on the New York Stock Exchange.1983 First SAM'S CLUB opened in April in Midwest…

    • 3732 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Introduction to Walmart

    • 275 Words
    • 2 Pages

    Wal-Mart Stores, Inc. branded as Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. Being the world’s third largest public corporation, Walmart is the biggest employer in the world with more than two million employees. Furthermore, it is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family. It is also one of the world's most valuable companies.…

    • 275 Words
    • 2 Pages
    Satisfactory Essays